Shapes Raised $24 Million for AI Agents in HR. Read the Pitch Deck. - Business Insider

Shapes, formerly known as DreamTeam, is a Tel Aviv startup that has successfully raised $24 million to advance its HR technology. This funding round included a $15 million Series A, a $4.5 million seed investment, and a $4.5 million seed extension, with Entrée Capital leading the Series A. The company, founded in 2020 by Arnon Nir and Shirley Baumer (who previously worked at Monday.com), aims to use the capital to double its headcount and expand into new markets. The Shapes platform, dubbed "PeopleOS," functions as an app store for AI-based HR tools, allowing companies to customize their HR management with various AI agents. These agents can automate tasks like payroll, contract drafting, and even proactively identify employees at risk of leaving based on data such as salary and performance. Employees can also use the platform for HR-related inquiries, such as booking time off or accessing company policies. Shapes emphasizes its modular design as a key competitive advantage in the crowded HR tech market, differentiating itself from rivals like Workday and HiBob by offering customizable solutions tailored to each company's unique needs. The platform allows customers to build their own applications using prompts. The company currently serves hundreds of customers across 79 countries and 14 industries.